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August 28, 2019

   Anexo 5
  Anexo 5A
   Procedimiento Slots

In compliance with the orders issued by the  Administrative  Council of Economic Defense of Brazil ("CADE") and the Tribunal de Defensa de la Libre Competencia [Court at Law for  Antitrust] of Chile ("TDLC") , LATAM Airlines Group S.A. (hereinafter  "LATAM") hereby informs that it will exchange up to four slots for landing  and four for takeoff  at the   Sao Paulo-Guarulhos Governador André Franco Montoro International  Airport, located  in the city of  Guarulhos, State of Sao Paulo, Brazil ("GRU").   The exchange ("Exchange") shall be in accordance with the requirements of  the CADE in the Act of Concentration n°08012.009497/2010-84, and the TDLC in  Resolution N°37/2011 (both, the "Resolutions").  Notwithstanding the foregoing, LATAM gives  special notice of the following relevant issues that the Resolutions set forth in  relation to the Exchange:

  1. LATAM  shall only exchange slots in GRU with companies interested in operating non-stop  flights on the Sao Paulo – Santiago – Sao Paulo route, and who do have not any corporate  link or other agreement that will allow LATAM to influence them in any relevant  way.
  2. The  companies interested in the Exchange must apply in writing to LATAM, indicating  their preference schedule.
  3. The slots  that LATAM delivers in virtue of the Exchange may have a difference of no more  than 30 minutes with the schedule indicated by the companies interested in  their respective applications.
  4. The slots  exchanged may only be used to operate the route Santiago – Sao Paulo – Santiago  for non-stop flights.
  5. The  Exchange cannot involve any remuneration or compensation in favor of LATAM.

For more information, please contact LATAM:
  Website: www.latamairlinesgroup.net
Email: jose.valenzuelar@latam.com

This press release is without prejudice to others press releases or  other requests for bids that LATAM must perform in concordance with the "Slot  Exchange Procedure" approved by the TDLC.   Copy of this procedure is available at www.latamairlinesgroup.net.